Shierson Family Foundation Inc
- Assets
- $6.5k
- Revenue
- $18.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Davidson, NC
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-2915742
Organization Overview
Shierson Family Foundation Inc is located in Davidson, NC. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shierson Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Shierson Family Foundation Inc generated $18.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $17.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fern C Shierson President | 0 | $0 | |
Molly S Medlin Vice President | 0 | $0 | |
Rebeccah S Wickerham Treasurer | 1 | $0 | |
Sarah G Dumser Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,091 |
| Interest on Savings | $0 |
| Dividends & Interest | $54 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68 |
| Total operating and administrative expenses | $1,093 |
| Contributions, gifts, grants paid | $15,903 |
| Total expenses and disbursements | $16,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,217 |
| Savings and temporary cash investments | $1,253 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,470 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Shierson Family Foundation Inc has awarded $15,903 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
DAVIDSON COLLEGE PRESBYTERIAN CHURC PURPOSE: RELIGIOUS | $1,000 |
UNITED WAY OF IREDELL COUNTY PURPOSE: CHARITABLE | $1,000 |
ADRIAN COLLEGE PURPOSE: CHARITABLE | $500 |
CENTRAL CAROLINA COMMUNITY COLLEGE PURPOSE: CHARITABLE | $100 |
DAVIDSON LANDS CONSERVANCY PURPOSE: CHARITABLE | $1,000 |
HOSPICE PALLIATIVE CARE CHARLOTTE PURPOSE: CHARITABLE | $50 |